Crypto enthusiasts have also embraced the idea of a Santa Rally; it is not just a concept found on traditional markets. Essentially, it describes an increase in asset prices in late December that is frequently driven by optimism, lower trading volumes and positive sentiment during the holidays.

MicroStrategy seeks shareholder approval to expand its equity-issuance plan, aiming to accelerate its $42 billion Bitcoin acquisition strategy.

Has Bitcoin bull run re-instigated? Will the BTC price rise and form a new ATH before the end of 2024? The market participants remained vigilant over the crypto markets, specifically the Bitcoin price rally, as they tend to look out for these answers.

A top crypto strategist thinks the digital asset market is in a position to witness a bullish continuation even as Bitcoin (BTC) trades below $100,000. Pseudonymous analyst The Flow Horse tells his 251,400 followers on the social media platform X that he believes the doors are open for Bitcoin and altcoins to spark surges.

According to data provided by SoSoValue, BlackRock's Ethereum (ETH) exchange-traded fund managed to attract nearly $44 million worth of inflows on Tuesday.

BlackRock's iShares Bitcoin ETF (IBIT) has recorded its largest-ever $188.7 million in outflow on Tuesday, raising concerns over future implications. Also, US-based spot Bitcoin ETFs saw consecutive outflows for the fourth day as Fidelity's FBTC and Ark Invest's ARKB continued weak performance amid holidays.

The global cryptocurrency market saw a positive trend on Wednesday, with the market capitalization close to 3.5% to $3.42 trillion. However, trading volumes dropped 16% over the past 24 hours due to subdued investor activity during the Christmas period. The Crypto Fear and Greed Index remained stable at 73, reflecting a “Greed” sentiment.

Key Points:

Rich Dad author warned readers to buy Bitcoin to prepare for a global crash. But if the economy booms, it'll be even better to have a crypto stash ready.

Matador Technologies has decided to bring Bitcoin into its treasury. This isn't some random gamble. The company is making a clear statement about where it sees the future heading. But why choose Bitcoin, and what does this mean for the broader financial world? Let's unpack it.

The holiday season's enthusiasm seems to be making its waves in the crypto market. As a result, the industry's market cap rose 3.30% to $3.43 trillion in 24 hours. However, the trade in the business took a dip of 14.55% to $134.08 billion.

During the past four days, the spot bitcoin ETFs in the US reported a total of $1.52 billion in net outflows.

Jason Calacanis, the “World's Greatest Angel Investor,” shared his thoughts on MicroStrategy's plans to buy even more Bitcoin. Calacanis warned that Bitcoin's core principle of decentralization could be compromised if a single entity hold too much of the digital asset.

Cryptocurrency prices today showed overall gains, with the global crypto market cap rising 3.50% to $3.44 trillion. The total trading volume over the last 24 hours has decreased by 16% due to Christmas.

During a recent appearance on CNBC, permabull Tom Lee predicted that the price of Bitcoin could surge to $250,000 in 2024.

Robinhood CEO Vlad Tenev recently clarified the company's stance on Bitcoin, specifically regarding its decision not to hold Bitcoin in its treasury.

Gold and fiat currencies have dominated national reserves for centuries, but a new era demands innovative solutions.

Bitcoin ETF netflows in the United States have recorded three consecutive days of outflows leading up to Christmas. Moreover, these ETFs set a new single-day outflow record, temporarily weakening Bitcoin's upward momentum.

BlackRock's Bitcoin ETF has seen a record bleed on Christmas Eve amid a four-trading day streak of outflows from US Bitcoin funds.

XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.

Metaplanet buys $60.5 million in Bitcoin, adding to its BTC stash. Can this move trigger a bullish market shift for BTC? Find out more. The post Japanese Giant Metaplanet Snaps Up 60 Million Bitcoin – Could This Trigger a Bull Run? appeared first on Cryptonews.

U.S.-based spot Bitcoin ETFs have witnessed a sharp reversal in inflows, shedding more than $1.5 billion over a four-day outflow streak. The post Spot Bitcoin ETFs Shed $1.5 Billion in Four-Day Outflow Streak, Largest Since Trump Win appeared first on Cryptonews.

Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. Bitcoin Fear & Greed Index Still Has A High Greed Value The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets.

On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.

Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if it clears the $100,00 resistance zone.

Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.

Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet.

El Salvador's President Nayib Bukele could visit Russia in 2025, with a Russian diplomat suggesting the Latin American leader could talk to Moscow about Bitcoin (BTC). The post El Salvador's Bukele ‘May Visit Russia in 2025' – Will He Talk Bitcoin With Putin? appeared first on Cryptonews.

Bitcoin's net position change for STH hits a positive value of +750k BTC, while LTH droped to a negative.

Jameson Lopp's recent post on X, “RIP Bitcoin Obituaries,” suggests a decline in Bitcoin's (CRYPTO: BTC) death proclamations, sparking interest in the cryptocurrency's resilience. What Happened: The software engineer, columnist, and Bitcoin advocate's post on Christmas Eve, hints at the diminishing frequency of death declarations.

Ethereum's relative strength to Bitcoin could climb in January, which an analyst says might trigger an Ethereum “altcoin run.”

Are XRP and SOL set to outpace Bitcoin in January 2025 as market dynamics shift?

TeraWulf is moving into AI by leasing data center space to Core42. This deal will help the company provide over 70 MW of power at its Lake Mariner facility.

The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.

Despite numerous forecasts that Bitcoin's (BTC) price could surge to $120,000 before year-end, the coin has encountered a setback, now trading below $97,000. However, historical data indicates that such pullbacks often present an opportunity for new Bitcoin buyers to accumulate.

U.S. spot bitcoin exchange-traded funds (ETFs) took a hit the day before Christmas Eve, while ethereum ETFs embraced some positive vibes. Holiday Havoc: Bitcoin ETFs Lose, Ethereum ETFs Soak Up Inflows There's been a heap of market jitters floating around, amplified by the typical holiday lull. On Dec.

Russian authorities reportedly plan to prohibit cryptocurrency mining in 10 regions and impose seasonal restrictions in three others beginning January 1, 2025, amid growing concerns over energy shortages.

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.

MicroStrategy has scheduled a special shareholder meeting to approve changes in its equity issuance strategy to fund additional Bitcoin acquisitions.

Investors showed confidence in Ethereum, pushing $51 million in inflows, as Solana faced $8.7 million in outflows during the same period.

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake post, an analyst talked about the latest development in the Bitcoin Coinbase Premium Index.

Last week, the price of bitcoin took a tumble, and right alongside it, the network's computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21.

On Dec. 24, 2024, the amount of mined bitcoins crossed the 19,800,000 mark, leaving less than 1.2 million bitcoins remaining until the total supply is exhausted. After the 2024 halving, approximately 450 bitcoins are mined each day.

MicroStrategy has submitted a proxy filing with the SEC seeking shareholders approval to boost its Bitcoin's 21/21 Plan.

A widely followed crypto analyst is warning that Bitcoin (BTC) may suddenly undergo a massive correction. In a new strategy session, Benjamin Cowen tells his 850,000 YouTube subscribers that the extension from the 20-week simple moving average (SMA) is flashing bearishness for Bitcoin.

Jason Calacanis, who is considered to be the greatest angel investor of all time, has suggested that business intelligence firm MicroStrategy might end up breaking "the game of Bitcoin" due to its massive purchases.

Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000.

President-elect Donald Trump told CNBC's Jim Cramer on Dec. 12 that "we've got to produce a tremendous amount of electricity" to "do something great with crypto." Someone understands Bitcoin.